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the growth. rebound and former president bill clinton hitting the links. this is a photo from last year. what we don't know what was said teen them this year my guest homes the former president was critiquing more than just his successor's swing. art laffer was the top reagan economic adviser and you voted twice for bill clinton because his prosecutor mix of taxes. explain that? >>guest: yes i sure did. but for the raise hikes at top end, he cut taxes on the working people between ages of 65 and 72. he cut taxes on trade and products. he cut government spending as a share g.d.p. dramatically and he cut the capital gains tax rate and butt in welfare reform. what do you want from a president that bill clinton did not deliver? he was a great president. >>neil: the investment taxes was that concurrent with what was going on in the income tax hike front? >>guest: no. it was not. the capital gains tax reduction which he dropped the high of the race from 28 percent to 20 percent but what he really did that was amazing, he exempted owner occupied homes from ever paying capital gains taxes again, $250
they talked about it because president clinton is a political wonk. what bill clinton showed during his presidency is that there's a way to show common ground with republicans who hate you. they impeached bill clinton but made a deal. they made a deal that was nor the right of where most democrats are. this president has a unique opportunity to make a deal for more towards his left. remember dick cheney said to -- speaking of sequels. remember when dick cheney said you got the high approval ratings you can spend them on the iraq war. republicans what they want is the president to spend some of his popularity and put out unpopular ideas for cuts. democrats don't have an incentive to do that. >> big news. stand by. my thanks. in need to pass along this breaking news from across the pond. we're just learning that prince william and kate middleton are expecting. this is news from clarence house. they will be having their first baby. nbc news is working further to confirm this but the rest of the royal family has said to be excited by this news. she was admitted to the hospital this afternoo
the clinton did back in 1992 and you end up with a bill. you have a solid expansion. what do you make up with that argument? >> i hope they do not believe that argument. look, maybe barack obama is right. maybe if you raise these taxes, it will not hurt the economy. [talking over each other] stuart: bill clinton raised taxes and the economy took off. >> there are a lot of things that influence the economy. not just taxes. there are other things. there is no monetary policy, which was great under bill clinton. do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i know why you have not been on the show very often. i am at a loss for words when you are d
the day, he went to saint andrews and played golf with bill clinton and terri mccall mccalliffe. peters that was a little bit more of a high-profile sunday than i had. >> bill: al good return. >> ron kirk, the u.s. trade ambassador. >> bill: a frequent golf partner with the president. >> we are learning more about what mitt romney has been up to including having a non-home-cooked thanksgiving dinner. he ordered in from boston market for the family saying there were too many kids running around to be cooking. >> peter: how the mighty have fallen. >> photographed pumping his gas since he has no entourage to the pump it for him. >> a sad story, nothing to do. >> peter: i don't feel that bad about it. hanging out with his car elevator taking rides. spiritists one of his many homes. >> the author of the hunger games trilogy is taking a break by writing a children's picture book an auto guy graphic piece about coping with her father's military service in vietnam as told through pictures. >> bill: all right, dan, thank you. all of the talk on the sunday s
president bill clinton. the guy with whom he will have to make a deal to end the standoff on the fiscal cliff house speaker john boehner requested time on fox news to publicly declare the president's opening bid a nonstarter. >> i was flabbergasted. we're nowhere. >> treasury secretary tim geithner did the full ginsberg with taped appearances on all five shows. nothing will happen until budget tax rates and the ball is now in their court. >> the only thing that stands in the way of a deal right now is if a group of republican members decide there have been a block because they can't afford the wealthiest 2% of americans. >> how much is theater and how much are the two sides locked into positions that remain far apart? the president's plan called for higher tax rates on the wealthiest americans to the tune of $1.6 trillion over ten years along with the combination of new spending and some spending cuts. mitch mcconnell said he, quote, burst into laughter. still, the white house is making it clear until the republicans counteroffer. >> we didn't say how or how much or who should pay. >> t
for the event taking a picture of herself. here she is and secretary hillary clinton. bill clinton along others says said if there's a movie made by hillary clinton meryl streep should get the part. >>> next, secretary who? at a u.n. event to benefit people with disantibiotics, john mccain took on the rumors of who will be the next secretary of state after an introduction from john kerry. >> senator mccain. >> thank you very much, mr. secretary. >> kerry stepped up again after mccain but refused to bite on that one. >> thank you very much, mr. president. this is what happens when you get two losers up here, folks. >> that was a good line. kerry has been careful to stay clear of the public speculation about whom the president will actually pick to replace hillary clinton. >>> also, ads governor jan brewer, she's a heavyweight, in a comment about global warming. she doesn't think it's man made, but her own explanation for climate change is rather lacking. here is what she told a local reporter. >> everybody has an opinion on it, you know, and i probably don't believe it's manmade. i believe that,
and former president bill clinton were on hand with the state department dinner. the honorees. among them, david letterman there in the back. the rock band led zeppelin and dustin hoffman there on the far end. >>> the number this evening, 9,000. that wasn't the price tag but it could have been. a woman at a milwaukee good will store bought this painting for $12. it's not any painting. it's called "red nose." it's a lithograph by american artist calder. the real value, $9,000. she says she has no plans to sell it. saying the $12 piece of art work has really grown on her. >>> a heart warming holiday gesture. a landlord has gone viral. he sent out a letter saying please deduct $70 from your month for the month of december and perhaps use the moneys to purchase something special for someone in your life. the man who posted it, said best landlord ever. we want to hear from you and make the index. you can tweet me your ideas. i'm @davidmuir on twitter. when we come back, end it like beckham. his american adventure ends this weekend. what a sweet ending it was. what he is willing to reveal about
you feel. >> thank you very much. >> schieffer: after beating bob dole in 1996, bill clinton invited dole to the white house for a ceremony honoring world war ii veterans. dole brought downtown house when he said, "i, robert j. dole..." ( laughter ) "do solemnly swear-- oops. ( laughter ) sorry, wrong speech. ( laughter ) but i had a dream... ( laughter ) that i would be here this historic week receiving something from the president. ( laughter ) but i thought it would be the front door key. ( laughter ) >> schieffer: our "face the nation" flashback. was so wrong about you. next, we get priority boarding on our flight i booked with miles. all because of the card. and me. okay, what's the plan? plan? mm-hmm. we're on vacation. there is no plan. really? [ male announcer ] the united mileageplus explorer card. the mileage card with special perks on united. get it and you're in. >> schieffer: well, that's it for us today. we thank you for watching "face the nation" as always. we'll see you right here next week. captioning sponsored by cbs captioned by media access group at wgbh acces
, wolf. >> reminds me of that stalemate back in the '90s during the clinton administration when bill clinton was president, newt gingrich was speaker, the threat to shut down the government. bill clinton didn't blink. the republicans didn't blink. they shut down the government. the republicans were blamed by and large for that shutting down the government even if it was only for a few days. a lot of the democrats who served worked for bill clinton at that time are working for this president right now. they remember that government shutdown stand-off. let's see if that affects their thinking going forward right now. thanks very much, jessica, for that. >>> there's bad flooding in california right now. what does it mean for the state's most famous wine producing regions? we'll have the latest on that. a lot more news coming up. ienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit today for a special trial offer. aww, not the mall. well, i'll do the shopping... if
's not a coincidence that the president was golfing with bill clinton this sudden. that is as much the president likes golf as much as an effort to say, here i am with the great dealmaker, the reasonable guy that everybody likes, regardless of whether clinton's actually giving him any advice on this although i'm sure he is. >> if you look back to the health care debate obama tried to appear reasonable last time and that didn't work well for him. what he's doing now is all the things he didn't do last time. starting with the unreasonable position, with what he wants rather than what he thinks he'll get which is a better bargaining position. he's going out and trying to get people to pick up the phone, take up, you know, twitter and facebook and tell congress we want to get this done. so he's doing a lot of the things from a negotiating standpoint that he didn't do last it time around, while still, you know, kind of queuing up the blame game as both sides are doing to make sure that other guy takes the fall if it doesn't work. >> and i think to eric's point, this is why you hear the bill crystals of the
on that pledge not to raise the tax rates towards the bill clinton era. how will this play around in the white house? we don't know. this tax rate point has been a very difficult sticking point. both sides have stayed on and they continue to stay on this in their second offer. what you see is some sort of possible framework for a large scale deal. the $2.2 trillion number, republicans are the first to tell you is bigger than $1.6 trillion the democrats outlined last week. they believe from discussions that have occurred over the last few years in regards to the debt limit and simpson-boles and in regards to the budget control act other biden talks with eric cantor there is some way forward. this is their blueprint for it. the wonks get deep in the policy. we asked questions in the briefing about that. i asked about the further discretionary savings, 300 billion, about what type of programs are included that. the house progressive caucus is hesitant to cut anything like food stamps that have been on the chopping block before. they say there's a caps that house committees would agree to. what we
-chair of the president's debt commission and the former chief of staff of president bill clinton, floated a similar plan last year. in embracing it, republicans are claiming bipartisan ship, and it's now up to the white house to respond. back to you. >> getting very interesting. thank you very much, rich edson. david: thanks, rich. well, washington doesn't seem to be get withing close to a debt deal, but one top investor believes they actually will get it cone and are get -- done and are getting close to it. bob doll joining us with his investing strategies. >> former lehman brothers' vice president larry mcconald who's now with new edge also believes a deal will be reached, but what will it be, and who ends up on the winning end? find out what he thinks next. ♪ david: while the president is tweeting his short answers about coming tax increases, wall street's holding its collective breath with the rest of the world for some kind of resolution to the fiscal stalemate in d.c. trillions of dollars hang in the balance not just in government revenue, but also in nonallocated cash. it's just been sitting on
, the stars of washington or the stars of hollywood. new bff hillary clinton and meryl streep. bill clinton and led zeppelin. ♪ hey, hey, mama ♪ gone make the you sweat gonna make you move ♪ >> reporter: everyone rocked as foo fighters, kid rock and lenny kravitz belted out some of zeppelin's greatest hits. ♪ i'm gonna give you my love >> reporter: and it took a bevy of famous comedians to pay tribute to their lee, late-night comedian david letterman. >> was he a brilliant, subtle, passive-aggressive, successful parody of talk show host? or some midwestern goon who was a little bit off? [ laughter ] >> when i was a teenager, dave was my justin bieber. [ laughter ] and i like to think of myself as his selena gomez. >> reporter: but it was ray romano who was able to hit the emotional highlight of the evening as he celebrated his notoriously shy friend and mentor. >> what johnny carson was for you, you are for the rest of all of us here. and i don't want to get schmaltzy. i'm not good at that. i know you're not good, but you know what, the hell with it. my father passed away, i never t
. that is a given. i think that will happen. bill clinton tried to find a way to balance it out. he was going to cut a lot of investment rates. that, that profumo was enough to help trigger an economic boom. what you hand out in of a tax increase, the president could give back, that would favor the investment community. it could work for him. lori: grover norquist, tea party two-point oh. neil: it is interesting. it is hard to read whether there will be held back to pay for anyone who votes for any type of a tax increase. i think we have learned from this election, you know, back in the a very suicidal pact. i do not know if that threat is real. what is more real right now, the result we have to get a permit spending under control, has disappeared. when it came to spending, that is still -- by the way, the same people who are picking apart the tea party, john boehner is where he is now and the house enjoys the republican party it does now because of the tea party. i would not be so quick to dismiss all. connell: you still think we are all just playing around it we will get a deal done? neil: i would
. >> stephanie: gee, who was really front and center of our campaign? bill clinton! kind of weird. >> good president. >> stephanie: mary in pennsylvania. hi mary. >> caller: hi, there. i love your show. didn't start watching it until late in the campaign. and i feel like i found a wonderful friend. >> stephanie: aww. >> caller: my question is grover cleveland -- >> stephanie: his ideas are just as fresh. [ laughter ] >> caller: exactly. if he think the average career only lasts 25 years has he signed up all of those people to the pledge 20 years ago shouldn't we be getting ready to throw him a retirement party pretty soon? >> stephanie: yeah, one would think. a lot of people were saying it applied to the congress that they signed it for and that was 20 years ago. don in columbus. hi don welcome. >> caller: hi, steph, how are you? >> stephanie: good. go ahead. >> caller: i was curious. i watched the shows yesterday and it was noticeable that tim kind of explained himself to everybody including chris wa
. you talked about presidents from obama to george w. bush, bill clinton, all objecting to settlement on that spot and getting his assurances from israel that it wouldn't be built on, so why now? tough talking? election coming up? what happened in the u.n.? what's the feeling there? >> well, certainly the israelis have made no secret of the fact that this is a direct punitive measure for what happened at the u.n. last thursday where, of course, the palestinians managed get an upgraded status there in the u.n. general assembly going to nonmember observer state. of course, the word state there is the operative one for the palestinians. the palestinians now say they do, in fact, have a state which is a taertory that is defined as the west bank, gaza, and east jerusalem. so, therefore, the palestinians are saying that this obviously would make the implementation of this state all but impossible because they say it would be impossible for them to even reach their capital that they want to have, which is, of course, east jerusalem. this is certainly a measure that's cause aing lot of intern
is what has to happen, all right? the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of what i did and what my colleagues did over the last several months and we need congressional hearings that will set the stage for tax reforms, social security reform and the president needs to negotiate privately and have discussions with congressional leaders of both parties privately. those three things can get us to the promt promise land. and without all three of those, we're in trouble. >> but, david, that is exactly what was supposed to happen between july of 2011 and today. and guess what? none of it has happened. none of it. we're having the same conversation. >> yo
. >> real quick, who's the republican bill clinton in this case? >> who could argument? i don't know. who is that? maybe michael steele. >> you see where that got me. >> is there a senior statesman in the republican party who could go to the republican right and bring them over? is there one? >> reporter: tom coburn. >> kelly, go ahead. yeah. >> reporter: i would say tom coburn of oklahoma who has a lot of credibility on these conservative issues. bob corker of tennessee is a voice who has been trying to make a bigger imprint. and one of the things to factor into the unity you're seeing with the republican leadership which does feel different this time around is while boehner has been selected by his fellow republicans to be the leader of their conference as speaker, he must be elected in the new congress in january. so he's got something on the line here, too. there's a lot of confidence about the future of his speakership, but it isn't official yet. and so he's got to play this very carefully from just the perspective of holding on to the gavel. >> kelly o'donnell, thanks very much for
president, bill clint clinton, which is why the republicans wanted to put this forward, he proposed this back in november of last year, testified before a committee here. and he said that this is generally the plan that should go in place. so what these republicans aides who briefed us on this are saying is they decided not to go ahead and respond to the white house offer, which they brought up last week and, remember, republicans said was not serious. instead of responding to that with what republicans have long pushed, for example, the paul ryan budget, they decided to go with this, which is in the words of one staffer, a plan that everybody detests. so they want to start with a framework that nobody likes because that way they each side will maybe be able to give a little bit more. this is definitely a big move, because the republicans are -- democrats said the ball was in their court. they obviously agreed. they're sending a proposal back to the president right now. >> message received. let me give you a moment to catch your breath and thank you as we're hearing stand by. we're
Search Results 0 to 19 of about 20 (some duplicates have been removed)